The case against Truong My Lan, who chairs property developer Van Thinh Phat Holdings Group, comes as Vietnam ramps up efforts to battle endemic corruption in the country’s business sector.
As Vietnam grows ties with U.S., a secret directive seeks to gird the Communist Party
A leaked document offers a window into the motivations and concerns of party leaders as they seek to deepen ties with the U.S.
Construction starts on Singapore’s $553mn property project in Vietnam’s Binh Duong
The project is expected to provide approximately 3,500 townhouses, villas, and apartments, which can house about 13,000 people …
Thai finance group SCBX to buy Vietnam consumer lender for $850m
BANGKOK — Thai financial group SCBX will acquire consumer credit provider Home Credit Vietnam Finance in a deal worth roughly 20.9 trillion dong ($850 million) as part of a strategy of seeking growth …
Forget Thailand and Vietnam: South-East Asia’s enticing new travel frontier
Cambodia is a nation in fast-forward, its development on steroids as skyscrapers pierce its skies and new roads, infrastructure and airports – all largely financed by Chinese interests – open trade …
Exclusive: SpaceX’s talks with Vietnam over Starlink on hold
SpaceX’s plans to provide communications services to Vietnam with its Starlink satellites have been put on hold, three sources familiar with the matter said, halting support for Vietnamese coast guard …
Thailand’s SCBX acquires PPF’s Home Credit Vietnam business for €800mn
By Juthatip Kumarn Thailand’s SCB X announced on February 28 that its subsidiary, The Siam Commercial Bank Public Company Limited (SCB), has signed an agreement to acquire consumer finance business …
Mapletree Logistics Trust to spend S$234 million on Malaysia, Vietnam Grade A warehouse acquisitions
and two in Vietnam – for RM558.8 million (S$157.9 million) and 1.3 trillion Vietnamese dong (S$68.4 million) respectively, its manager announced on Thursday (Feb 29). The manager said the agreed …
Vietnam can attract $25B foreign investment in stock market with upgrades: World Bank
Vietnam’s stock market can attract US$25 billion from foreign investors by 2030 if it is upgraded from Frontier to Emerging, according to the World Bank. The upgrade is a strategic step for Vietnam to …
Thai lender SCB X to acquire Home Credit Vietnam for $860 million
the latest Thai lender to expand in Southeast Asia. SCB X is buying the Vietnamese business from Czech investment group PPF, which is shifting away from markets in Asia where it had expanded its Home …